Posts published in February 2012

Euro Drops on Greek Debt Deal Delay

Once again, a decision about a Greek debt deal has been delayed. As a result, markets are jittery and the euro is dropping. Indeed, at one point the euro fell to three-week lows on the news…

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Pound Climbs with Consumer Sentiment

The Great Britain pound jumped against the Japanese yen as the index of UK consumers’ confidence reached the highest level in five months. The currency dropped versus the US dollar. The Nationwide consumer confidence index…

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Disagreement Among Greece & EU Hurts Canadian Dollar

The Canadian dollar erased its earlier gains fell today against the US dollar and the Japanese yen as politician of Greece and other European countries argue about the bailout for the Hellenic Republic. The currency maintained…

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Aussie Gets Boost from People’s Bank of China

Australian dollar got a boost in earlier trading as the governor of the People’s Bank of China reassured Europe — and the world — that China is still committed to investing in the euro as an asset. The news provided…

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US Dollar Mixed this Morning

US dollar is mixed this morning on the Forex market as traders look for direction, and all of the latest news and information is processed. From China to Europe to Zynga, there is plenty to talk…

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Retail Sales Boost NZ Dollar

The New Zealand dollar gained today after a government report showed that nation’s retail sales grew more than expected. The general good sentiment on the Forex market also helped the currency.…

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Euro Rises as China Talks About Helping Europe

The euro advanced today as China signaled that it may help the European Union in battling the debt crisis and Germany’s economy shrank less than was forecast. Zhou Xiaochuan, People’s Bank…

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